EUROPE POLYURETHANE COATINGS MARKET

INTRODUCTION

 Wood and furniture are frequently coated with waterborne polyurethane finishes. Waterborne polyurethane wood coatings, as opposed to solvent-based coatings, maintain a high degree of flexibility over time, allowing the paint film to move with the wood without being harmed.

The visual outcome is crucial when coating furniture and furnishing components. Using aqueous PU resins to coat wood allows for finishes that are identical to those made with solvent-based products.This is mainly because of how they seem and how delicate they are.

Additionally, over the past few years, environmental consciousness has grown, and people are much more concerned about the wellbeing of operators and end users.Furniture with an eco-friendly finish is becoming more popular because it emits the fewest solvents both during coating and the lengthy final drying process.

Therefore, aqueous PU coatings are typically advised. They also serve a variety of applications that call for superior chemical and physical resistance as well as severe wear-and-tear on surfaces.

Offices and kitchens, exterior frames and shutters, wooden houses and facings, decking and garden furniture, interior furnishings, marine interiors, traditional wooden flooring, pre-finished wooden flooring, RCC, metallic and nonmetallic surfaces, and water proofing on PU foam are where they are most commonly used.

EUROPE POLYURETHANE COATINGS MARKET SIZE AND FORECAST

The Europe polyurethane coatings market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

NEW PRODUCT LAUNCH

At the European Coatings Show (ECS), Huntsman launched three new solutions to the market, showcasing the creativity of its team and the assurance formulators may have when developing coatings using its chemistry. 

The POLYRESYST® IC6005 polyurethane system, a unique intumescent coating created for the construction industry that can give passive fire performance in addition to strong protective features, is one of the new items scheduled for release at ECS 2023.

The POLYRESYST® IC6005 polyurethane system can provide better chemical resistance, water resistance, and durability and is suitable for application on a range of substrates.The coating can be sprayed on at any desired thickness and is immediately cured and dried.

It also has minimal amounts of VOCs and no additional solvents, which will have a less negative effect on the environment, human health, and air quality. Additionally, Huntsman will unveil a brand-new bio-based coating technology.

COMPANY PROFILE

• Huntsman
• BASF SE.
• Jotun
•  PPG Industries Inc.
•  Akzo Nobel N.V.

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many polyurethane coatings are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global polyurethane coatings and key vendor selection criteria
3. Where is the polyurethane coatings manufactured? What is the average margin per unit?
4. Market share of Global polyurethane coatings market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global polyurethane coatings in-house
6. key predictions for next 5 years in Global polyurethane coatings market
7. Average B-2-B polyurethane coatings market price in all segments
8. Latest trends in polyurethane coatings market, by every market segment
9. The market size (both volume and value) of the polyurethane coatings market in 2023-2030 and every year in between?
10. Production breakup of polyurethane coatings market, by suppliers and their OEM relationship